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Paul
Paul is a married man, age 32, with two children who have not yet started school. He is a produce dealer involved in coffee and ground nuts, which he started as a major business to sustain the family. Paul is also involved in farming as an additional source of income; he operates these businesses in the outskirts of Kagadi.

He wants a loan of UGX 2,000,000 to buy more coffee and ground nuts, since the season is now on. Paul hopes that if he invests more money into his produce business, he will be in position to realise a good return at the end .

Paul's major challenge are price fluctuations and the seasonality of the agricultural products. He would like UGAFODE Microfinance to always make funds available them whenever they have the need.

About Uganda

  • $1,800
    Average annual income
  • 229
    View loans »
    Uganda Loans Fundraising
  • $31,019,500
    Funds lent in using Kiva
  • 2,680.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Paul to buy coffee and ground nuts to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2013
Listed
Jan 25, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013